Steak ‘n Shake
We operate quick-service restaurants centered on premium burgers and milkshakes. Our restaurants serve guests who want a made-to-order meal with dine-in, drive-thru, delivery, and carry-out options. Most locations are free-standing, though some are in-line restaurants in shopping areas with a more limited menu and service style. Our full-format restaurants typically run seven days a week with extended hours and offer a full menu in a self-service setting with seating for guests. We use a standardized operating system that guides our food preparation, restaurant layout, service style, and promotions across locations.
Your franchise match score
Fast Food
Brand highlights
- CEOSardar Biglari
- Headquarters107 South Pennsylvania St., Indianapolis, IN, 46204
- Year founded2005
- Year started franchising
- IndustryFast Food
- Locations open436 (-81 last three years)
Statistics & metrics
- Investment range$188,420 - $837,690
- Franchise fee$10,000
- Royalty1% of Gross Receipts
- Brand fundThe Franchisee’s Monthly Marketing Fee Obligation shall be an amount not greater than 10% of the Restaurant’s monthly Gross Receipts calculated on a monthly basis by Franchisor (subject to change upon Franchisor’s written notice to Franchisee):
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Fast Food industry:
Fast food franchises are a staple of the food industry, offering quick and convenient dining options. This sector is highly competitive but offers significant potential for high-volume sales.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-03-28
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Steak ‘n Shake, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Steak ‘n Shake's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Steak ‘n Shake, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Steak ‘n Shake franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Steak ‘n Shake provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 436 |
| Franchise locations | 292 |
| Corporate locations | 144 |
System growth over time
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